Capital costs to resume production at Fire River Gold’s (FAU-V, FVGCF-O) flagship Nixon Fork underground gold mine in Alaska are estimated at US$6.3 million with a projected payback of three months according to a preliminary economic assessment.
Taseko Mines (TKO-T, TGB-X) wants to take advantage of robust copper prices and expand capacity at its 75%-owned Gibraltar mine in the Cariboo region of British Columbia and Williams Lake.
Lithium has grabbed much of the headlines over the last few years when the subject of key metals of the future comes up. But more and more investors are paying attention to vanadium for the metals unique attribute of fitting in with two future…
A ten-metre intercept averaged 7.14 grams gold per tonne at Typhoon Exploration’s (TYP-V) 100%-owned Fayolle project in Quebec’s Abitibi region.
Northgate Minerals (NGX-T, NXG-N) has boosted its indicated resource tonnes by 18% and its contained gold and copper by 10% and 9% respectively at its Kemess underground project in north-central British Columbia.
U.S. politics veered into the surreal this week, as U.S. President Barack Obama unveiled a deficit-laden, US$3.73-trillion budget proposal for fiscal 2012 that completely ducks the critical issue of unsustainable spending by the U.S. government…
ArcelorMittal – Simon Wandke appointed as a VP and mining division’s chief commercial officer of marketing and sales.
Caterpillar to build factory in Thailand
Lake Shore Gold (LSG-T) has increased its ownership in Northern Superior Resources (SUP-V) to 25.5% by privately buying more than 6.7 million shares at 80¢ each.
Assay results from the first seven holes of a second-phase drill program at its Borden Lake gold project near Chapleau, Ont., have extended the gold zone about 300 metres northwest of previous drilling, Probe Mines (PRB-V) reports.
Newmont Mining (NEM-N) is the latest to join the wave of merger and acquisition activity that is washing over Canadian mining companies.
Vancouver – In a couple of packed sessions at the Mineral Exploration Roundup in late January, leading Yukon gold explorers Atac Resources (atc-v) and Kaminak Resources (kam-v) laid out their plans for stepped up exploration in 2011.
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